Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Super Micro Computer Inc’s stock clocked out at $713.65, down -23.14% from its previous closing price of $928.48. In other words, the price has decreased by -$23.14 from its previous closing price. On the day, 17.24 million shares were traded. SMCI stock price reached its highest trading level at $890.83 during the session, while it also had its lowest trading level at $710.95.
Ratios:
To gain a deeper understanding of SMCI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 and its Current Ratio is at 2.43. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on March 25, 2024, initiated with a Overweight rating and assigned the stock a target price of $1150.
On March 06, 2024, Argus started tracking the stock assigning a Buy rating and target price of $1350.
On March 04, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $941.Goldman initiated its Neutral rating on March 04, 2024, with a $941 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 01 ’24 when FAIRFAX DANIEL W sold 300 shares for $1010.00 per share. The transaction valued at 303,000 led to the insider holds 19,487 shares of the business.
FAIRFAX DANIEL W sold 300 shares of SMCI for $264,564 on Mar 01 ’24. The Director now owns 19,787 shares after completing the transaction at $881.88 per share. On Feb 29 ’24, another insider, TUAN SHERMAN, who serves as the Director of the company, sold 5,000 shares for $873.98 each. As a result, the insider received 4,369,884 and left with 22,113 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SMCI now has a Market Capitalization of 41784496128 and an Enterprise Value of 39591878656. As of this moment, Super’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.78, and their Forward P/E ratio for the next fiscal year is 23.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.52 while its Price-to-Book (P/B) ratio in mrq is 12.97. Its current Enterprise Value per Revenue stands at 4.279 whereas that against EBITDA is 43.685.
Stock Price History:
Over the past 52 weeks, SMCI has reached a high of $1229.00, while it has fallen to a 52-week low of $93.19. The 50-Day Moving Average of the stock is -24.74%, while the 200-Day Moving Average is calculated to be 53.85%.
Shares Statistics:
It appears that SMCI traded 10.91M shares on average per day over the past three months and 5936280 shares per day over the past ten days. A total of 52.90M shares are outstanding, with a floating share count of 50.20M. Insiders hold about 14.27% of the company’s shares, while institutions hold 70.65% stake in the company. Shares short for SMCI as of 1711584000 were 3102772 with a Short Ratio of 0.28, compared to 1709164800 on 4051824. Therefore, it implies a Short% of Shares Outstanding of 3102772 and a Short% of Float of 6.950000000000001.
Earnings Estimates
Investors are keenly observing as Super Micro Computer, Inc. analysts analyze and rate the current performance of Super Micro Computer Inc (SMCI) in the stock market.The consensus estimate for the next quarter is $50.01, with high estimates of $2.08 and low estimates of $20.68.
